The US economy faced a slight contraction due to tariff impacts and reduced household spending, while Canada enjoyed a boost from exports and India surpassed growth expectations at 7.4%.
The US has experienced a credit rating downgrade from Moody's, highlighting growing concerns over the federal deficit and the impact of proposed tax cuts. As lawmakers clash over budget bills, experts warn of potential economic repercussions.
Donald Trump announces new tariffs affecting 150 countries while negotiations for trade deals continue. This shift could have major implications for global trade dynamics and US economic policy.
In a bold move, President Trump announces that new tariffs are coming as trade negotiations with over 150 countries stall. What does this mean for global trade and the US economy? Find out now!
As President Trump prepares for his pivotal visit to Saudi Arabia, the focus is on securing a staggering $1 trillion in investments for the US economy. This trip could reshape American economic ties with Gulf nations and boost domestic manufacturing.
As high-stakes talks between the US and China commence in Switzerland, hopes rise for a potential resolution to their ongoing trade war. Will this meeting change the course of global trade?
General Motors reveals that the Trump administration's tariffs will cost it $4-$5 billion this year, prompting a drastic cut in earnings projections. The auto giant's CEO, Mary Barra, warns of broader economic implications as tariffs loom over the industry.
In a surprising statement, Trump suggested that children might receive only two dolls instead of the usual 30 due to potential trade policies affecting toy availability during the holiday season.
In a critical move, Senate GOP leaders have successfully defended Trump's tariffs, with Vice President Vance casting the tie-breaking vote. Despite economic contraction, the bill to rein in tariffs was rejected, signaling ongoing support for Trump's trade policies.
Tensions rise as Trump accuses Amazon of a 'hostile act' for displaying tariff impacts. With a history of fluctuating relations, what's next for Bezos and Trump? Stay tuned!
